MediWound Reports Third Quarter 2019 Financial Results

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Go back to MediWound Reports Third Quarter 2019 Financial Results

MediWound (MDWD) Tops Q3 EPS by 14c, Revenues Beat

November 14, 2019 7:05 AM EST

MediWound (NASDAQ: MDWD) reported Q3 EPS of ($0.01), $0.14 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $5.1 million versus the consensus estimate of $2.08 million.

Business and Financial Highlights for the Third Quarter 2019 and Recent Weeks include:

Total revenues for the third quarter of 2019 were $5.1, driven primarily by revenues from development services; As of September 30, 2019, the Company had $32.9 million in cash and short-term investments, compared to $23.6 million as of December 31, 2018; Initiated the NexoBrid Expanded Access Treatment (NEXT) protocol to treat burn patients with deep partial... More